Yo-yo, what up? What up, What up, What up, what up? Good morning, Good morning. GME Wednesday, Wednesday, May 1st, 2024444. Look at that. Another beautiful day to have a beautiful day or. I mean, is it? Yeah. You know what it is? We're alive, right? Right. I got my calls in the house. Look, man. Man, looks, man. Looks like a serious investor right now. Serious. Yeah. Yes. I'm doing Goodman. All right, good. Very good. What's up, guys? I'll be man. How you guys doing today, yo?
What the fuck are you guys here? Jesus Christ, He's. Probably He's in the Blast, the depths of the Blast dungeon it feels like right now. What is OSF doing bro OV? Yo. What are you doing right now, Tommy? Run me through what you're doing. I just took a billion, billion things at the same time, he. Always says that. That's the OS FS tagline. OK, talk to me. What's going on? District One? And what the fuck is District One? Actually a genuine question? District 1 is really good.
You should get. On I've heard. No, I've heard. I've heard. That's why I'm asking, what is District 1? It's like how do I explain it? It's like it's like Discord. No, OK, never mind. I'm out already. It's like a billion times better than discord. It's a discord, I'm out. It's like if Discord meet met friend tech I would say. Oh my God. But it was like but it was, but it was gamified. It is really good. Discord means friend tech, but gamified? Oh my God, we're going so much
lower. Anyways, the rest of the market is but blast blast lads are blast lads are going to be winning I think. Blast is going to. I'm now fully convinced that yeah, it's going to wait. I was just talking 95.9 about this like 30 minutes ago, actually. Sentimental. I haven't looked at the market ever since I stepped into the blast rabbit hole like on. You're in the arena. Or Sunday. Yeah, I've barely looked at the market. I don't even really care because
it feels irrelevant. It actually feels irrelevant to the opportunity presented by BLAST. So I'm just like whatever, like and I think everyone in Blast is as well like the vibes in in all the different. Fives. Are are pretty pretty good, yeah. And the vibes everywhere else are pretty bad, so. Lessons in that, right? Study that. Yeah, Study that. Study that. This is how I feel when I go to Asia. Same feeling. I know you're not like farming or whatever when I'm there.
Well, maybe I'm farming my business in a way, but but it is how I feel, so I don't. I love that. It's the lesson here, ladies and gentlemen, is that there's always something going on in the industry and that if you want to get away from price action and Twitter, maybe find your little rabbit hole in your little niche and go hide there when the price are down and you will probably be a happier person. Facts For me. That was 2022 in Red. Pepe's OVI left. I went to Red Pepe Pawn Shop and
Telegram every day. Six months I was gone and I hid there and it felt good. We'll save that age as well. I think the Nakamoto will be fine. Anyways, let's talk about all this stuff. You know what? It's almost like we should have a 5 minute blast. Check in with OV every day now because you're like the king of farming on blast. I actually invited nine to five nine to come talk about it. I don't know if he's free, he's been quite busy, but because I know he has his own photography thing.
Kind of like you. The stuff going on. Anyways, your shit is crazy, bro. Like whatever you got going on there, it's well anyways. Mando, how you doing today? Great. Yeah, Great, Martin. Actually hammered Let's fight. So I'm. Glad we. I'm. Glad we're a little bit bearish yesterday because that's that. Was the right call we. Did hit like 58 and then bounced 60 again and then we've just smashed through it. I asked yesterday, I forgot, I
forgot. I asked before leaving the show the expectation for today and Mando said kiss 58 and OV said 62 band and I was like neutral because I don't want to make a call. It's so bad. I woke up this morning boys and I didn't know if I wanted to check coin market cap. So I actually generally went to the group chat first. I texted a little bit, caught up on messages and then I took a deep breath. Open coin market cap and it was lower so.
So it's one of those days I'm feeling like this is this reminds me of like that period where like it was just slow every day. We were just still hosting and I was like Oh well what am I going to talk about today with the lads anyway, sit down on the show today, even our guest, even our state of the market, our sponsor for today cancelled like 15 minutes before the show like state of the market.
You know what I mean? Like this is like, you know, it's a bull market and we have like a sponsor for the show every single day, like the last 15 minutes, like, and this is the period where it's like there's just no more sponsor at the end of the show. You already know. Thankfully we still have Robot and Fairside, so the show's going to keep running. I'm just kidding everyone. Obviously we run no matter what. Today on the show today majors hitting locals. Daily market appraisal majors
hitting lows. ETFs saw three, $344 million of withdrawal in in in April FTX selling more Solana at a discount. You have Soul Doge XRPO Pinterest down 51%. We have a bunch of stuff to talk about. We have KSI. You have KSI. He's another version of GCR, right? Who has officially exited crypto. KSI. Cooked, he let. He got wrecked last cycle, came back at the bottom, cooked it, called tops on us while we were hating on his whiff calls, Solano calls and meme coin calls
the entire time. Cooked at the cooked on the way down. And now he's gone cooked. As much as I hate to say it, you have some Coinbase stuff that I forgot to mention yesterday. We still haven't mentioned Zach XB TS fucking Lazarus thing, but remind me if I forget hot coins again. You have some meme coins. Actually pretty strong in this downtrend over the last 24 hours. We'll talk about that. Hot NFTS have Azuki that dropped their first mixtape or anime. Not mixtape, but you know what I mean?
I was thinking of Kendrick Lamar and Drake's Beef anyways. Blast. I mean blast. Blast, Blast, blast. We'll have a Blast segment. Fuck it. We'll have OV our expert, our resident expert in BLAST. You know what? That's when you'll speak this show OV when it comes to blast. There we go, 'cause that is what I know you know everything about. So that'll be perfect. And then, last or not least, there's no guess. And then, of course, as usual, this show is powered by fair
side network. Check him out. Security against, you know, wallet drains, scams and more. And you know what? Since we're down pretty bad, I'm going to pick two winners this show, and I'm going to give you $100 each. One person that retweets the Twitter spaces and one person that retweets the broadcast. We'll pick you guys then the show. We're not going to be on stage or whatever. We'll just pick people and send you guys money.
It's so funny. I don't know if you guys noticed, but like in the federal hour DMS, you have this one guy who was like, wait, why did I win $100? This is a scam. And I had the DM like, it's not a scam. It's like, what do you mean, what did I do? I was like, well, you retweeted to space. I guess he didn't pick up on the fact that he won. He was so euphoric for a second. It's the little things. It's the little things anyways. Oh, well, look who's here. Look.
Oh, wait, he's not here, but he's here. We're definitely going to talk about BLAST a lot on the show today then, because we're definitely right, right on time for the end of the intros 9O59, How you doing today? What's? Outside, you guys look like you're at a funeral. Come on. Dude, well, it's perfect that you're here because I didn't just name dropped you, but also said that we're going to have to talk about Blast a lot this show.
And we have literally the two Blast experts in the house right now between OV and Punk Nine O 5. 9 The looting all my gold, give him on the allowance, I bring him into the party. The bigger party next door I. See. I love that. There's a reason why he called it pack wrecked, bro. There's a reason why he called it pack wrecked. You can never get mad at the market. That's my rule.
And we have literally wars happening on blast right now OV you know, shadowing over 9059's beautiful photography meant actually like fucking gorgeous artwork you cooked and did not know you were so deep into photography. Let's talk about that too. But anyways, anyways, anyways, you know what? Let's get this party started. Can you dig? It GMGM, everyone. Yeah, it's a pretty horrific day.
That's what I'd say. We kind of spoke about all the reasons why yesterday just and then there wasn't really anything new overnight. It seemed like in terms of why we would dip even lower, it's just a continuation of outflows. We had another day of outflows. I think it was something like 300 million outflows in in the month of April for the ETFs. So it's kind of wild. And then you saw a pretty weak
day in stock. So the NASDAQ closed down about 2%. There's some weaker economic data and everyone just got, you know, macro just sold off. Again, macro stocks have had their worst month in about 18, just over 18 months, nearly two years. So everything's all linked. Today is quite a big day in that you have the Fed going to make a decision.
They are going to probably keep interest rates unchanged, but they'll everyone will be looking at what they're going to say about in the future and also what they're going to say about their balance sheet. They still have this quantitative tightening programme which they're looking to potentially stop. And the other big thing which Java Hayes has kept talking about is the Treasury
refinancing. That's going to be from Yellen that that's interesting because it just effects global liquidity like if they're going to use continue with the short term financing that they've been doing and and the pace of it. So we'll just wait to see the outcome of those two. We could see a bounce, we could continue to see a bit of a sell
off. Interestingly all the like technical supports that we had for a lot of those majors were were kind of broken yesterday maybe I think Solana's kind of OK still kept slightly intact. There was a trend line which broke there, but Bitcoin broke below its realised price. ETH also broke Willow, it's support and it's all just looking a little bit soggy out there. Like we've we've tried to bounce a couple of times.
We tried to bounce initially when Bitcoin just touched 58 K and then we got above 60 K again and then we dumped straight again. So definitely not a strong day. I, you know, Solana broke a trend line that it's had since it was at 18 dollars. So like we're we're really starting to break the upward trend for a lot of these even even like the best stories in crypto are starting to be challenging, but it doesn't mean they just go down to 0.
But we we're either now in a period where we need to consolidate for a period or we're in a down period and we need to we need to kind of work out where that is. So what I said yesterday is still the case. Like I'm not jumping in trying to catch falling knives in size. Like I bought a little bit of Solana when it was at support yesterday and I sold it as soon as I went to bed because I was like, this hasn't bounced. I'll wait for, I think I'll wait for inflows to return to the ETF.
That don't kid yourself. That's been the trade all year for everything. And if that is waning then I think you've just got to you know, you don't have to be the first person to to to catch a falling knife. You can just wait to see how how inflows return and yeah, that's kind of a rat. I will see some volatility I'm
sure this evening. There's there's also jobs figure on Friday which people are looking at, but generally not a great day to wake up to. Interestingly meme coins have continued to slightly outperform versus everything which I which I've been slightly surprised about. But most of the old coins again had a horrific day yesterday. Bitcoin in fact really did have a bad day though like Bitcoin I think was down more than Ethan more than Solana yesterday and that's that doesn't often happen.
So it was really Bitcoin breaking through it's it's recent support levels and then people are eyeing low fifties, 40 even. But I would say the next point of like major major resistance here would be like 52. 40 Oh my God, this. Is. This is this is sorry, support. Yeah, you're talking about $40,000 Bitcoin. Is that where you're saying we're going? I. Didn't say that KBM said that in a chapter today, but KBM says all these crazy at this sort of levels.
People have said that because I think there's like something like $4 billion of liquidations if we hit 50K. So I think between 50 and like 42, it feels like there's people say there's nothing but air. So let's hope we don't hit 50 because maybe it gets a bit ugly obviously. Obviously leverage could come down before it hits 50, but. Yeah, I mean, there's lots of. Liquidations about 52 basically that's where a lot of the the the liquidations would happen.
So that's where I would really look to buy if we hit hit that level. I'm, I'm buying the dip whatever happens. But yeah this this doesn't feel like the moment that you buy like we've just breaking through support. You don't normally buy when it's just broken through support and it's still hanging out below support. So you normally wait for it to kind of go after the next next support level. Damn, 52. Wow, you did This is all right.
Well, you know what, though? We'll be here and we'll suck it up together because we already did it multiple times. So where it is, what it is, you know it is what it is, we'll we'll just we'll just it's about the friends we made along the way right. We're back to being builders. We're. Back to being builders. We were traitors. Now we're back to being builders. You know, someone just said, now I'm damn bad crying at the gym. You're making people cry.
Anyways, you know what's not making people cry? I just. I know 905. Now we don't have you for too, too long because you got some work to do. It's blast. I mean, Obi was talking about before you left, before you came that that that, you know, he's he's just, you know, balls deep into Blast. He's not even looking at the market. Nothing. And I was like, fuck it, let's talk about it. I mean what what what's happening on blast right now? What are your you seeing at 9 O 59?
What are your calls you're making? What are we going to open at, you know, is it going to save our bags? What's give me the TLDR man? I I just checked Coin Gecko and one gold still equals 1 gold. So we're not even down, We're not even down. We're flat overnight. One gold is 1 gold I mean. We're under this illusion that the bear market doesn't hit us, you know? Yeah. This is what I love about the. Oh, no. Oh, we lost Metro. Did you go?
Which did this was me. That the, the, the, the price target, FTV target for Blast has not changed that the whole of this dip, this dip, everything's down 50% and actually people are saying Blast is, has actually gone up. I think evaluation over the course of. I think you're you're you're muted. You made evaluation's. Higher because of all the volume on blur. So tell us. All this organic volume on Blur we're raising. Our Blur surrogates, Arbitrum is hard.
In the time period the the people have been talking about BLAST and suddenly the the price target's higher. This is blast FOMC, like FOMO right now, has become blast FOMC. The targets have been raised. There's no cuts, nothing going on. I mean, Sam, tell us more. What is all this gold thing? What should I be selfishly asking? What should I be doing? What should I be buying? What should I be farming? How am I make my making money on blast? Because I'm losing money
everywhere else. I think like, look at it, there are a few different things out there, right? The 1st is just lazy farming, which is simple stuff like putting your money in wasabi, putting it in in it, like putting it in juice. Like that's just like lazy farming and that's going to not keep up with your points, but at least you're going to earn gold and you're going to get yield.
And it's not like, like if you have money that you're just kind of like either just sitting on or USDC, like moving over to Blast and putting it into some of those lazy farms. I think like that's what I do with the vast majority of my money, 'cause I'm a boomer and I don't have time to like, I I do have time. I just don't have, like, the brain cells to like deal with like the Super DJ and stuff.
The other type of stuff, like the places where I've made the most, have been like NFT, Perp. I've made a lot on Yolo. I've made a lot on Blaster. Yeah, you can buy my NFTS. My NTS are a lazy farm and you're going to get a reveal on Friday, which I think is going to be dope. So that's another thing. It's a lazy farm. You're going, you put in .5 E right now the floor is like .506 and you can get back .5 basically at any time, like it's
in 30 days. But the blur floor, the bids are at .5 so and then you're you're going to get the photography on Friday. You can ping me, tell me what you got, I'll tell you about it. So yeah, there are a bunch of different ways to get lazy, I think as far as being more aggressive like NFT, Perp, Blaster and Yolo. But I think all these casinos, all of these casinos basically have committed to taking no fees.
So if you find a way to like churn and I call it wash gambling, like you find a way to wash gamble like you earn gold and you're not losing fees you just have to figure out the right path And it's like Cambria, there's there are a few of them like that. But I think the elephant in the room right now is Blur. I mean Blur just gave blur 2 million blast gold and to put in perspective that is more than any other projects has ever gotten.
The most any other project got was Thruster which got 1.7 million blast just gave Blur 2,000,000 now. What does that? Mean. Sound like that big of a premium? What? Does that mean that they gave them 2 million gold to the people who may not know what you're talking? About right now. Sure. So, so basically Blur or gold is the currency that is given to all the different dafts on blast and the Dapps give out to their users gold.
Now gold holders I think are going to get 5% of the FTV as an AirDrop. So getting gold is really valuable like of the whole token like maybe four, maybe 5% of the FTVI think is going to go to gold holders and Blast gives the gold to their most popular apps to give out to their users. So you kind of have a bit of a beauty contest here where all the apps know that the only way they get users is if they have a
lot of gold. So all many apps need to like please the powers that be, please Pac-Man, please everything about the Blast Kingdom in order to get as much gold as possible. So that's one thing. And then the users need to figure out how to get it from how to get it from the The dapps. Now BLAST just gave Blur 2 million gold, which is more than
it's ever given to any app ever. But the most important, the two things about that that are crazy is one, they gave more than 80 lbs, but they only have a month to deploy it. So like on a daily amount of gold they gave themselves. It's madness. It's like 67,000 per day they gave to themselves. And the second thing that's crazy is it all goes to people who farm Blast NFTS, but there are no Blast NFTS. Every single Blast NFT aside from the two run by people on this screen right now.
Every other one of them, every other one of them is a pure farming play like 0. Anything else? Like maybe you know, like and. Guess what they they just they just cancelled. They just disabled the points for pack wrecked as well. No. Yeah, I. Thought they wouldn't. He's called. You. Yeah. I mean it makes no sense. But I have. I've sent Pac-Man a text and I don't know if maybe he's that's. Crazy.
That's That's crazy, because Because if it's trading at .29, then why disable it over .169 ETH? Why disable it over .169 ETH? Redemption value. Yeah, it. Makes sense of this. Wow. Interesting. So. Wait, where? Where do we see your shit? It's it's on this website, right? Pack. Correct. Right. Yeah. Wait, Pranksy. Drop rocks on there too. Dude, it's it's you have to understand. It's not. It's not really. It is about the art, but it's also it's really about the farm. Hey.
You're Floyd's point. It is. But if you like, at the end of the day, if you have a real artist who puts a collection onto puts, it creates an NFT on blast, which one do you think it's going to do the most volume, The one that people recognize compared to like last apes for example? Right, so. I guess what I'm saying is why? Why is Pranksy done it? Like it's not, it's not Pranksy coming in and trying to laop as an artist. I think it's it's like people get that. It's it's farming.
And I think what's Cyrus done on there? Cyrus has done something as well, right? But like. He's also disqualified as well. Yeah, gold diggers. Oh, he was He was disqualified. Well, Sam, you're the only person left. I'm. I'm still standing. I'm not disqualificating. Photography. Farming boys. I mean, look, I have to, I have to say, like, this is some really nice photography. Like Sam took this. Yeah, that's really sick. Thanks. Yeah, that's for me.
Mr. That's for my. A bunch of them are just like hotels I stayed at. That's from Tahoe. This is sick. This one's fire. Where's it? North Korea. Oh shit. Wait, you went to North Korea? North Korea. I went there in 2011. What are your ties to Lazarus Group? I mean, it was a it was a business trip, actually. Investigation. Hold on. Come on, give us more context around that. Hold on, you are literally a blast dev and you went North Korea for business. Yeah, it had nothing to do with
multiples though. Nothing, I promise. No, I I went in. So in 2011 was before Kim Jong, Illinois died. Pretty much all my friends in Hong Kong went on tourist trips to North Korea, and I I did one as well. It was. And you probably heard about the guy who like came back in a coma. It was kind of the same. It was the same trip. What was the business bit? That was a lie. I was just fucking zero business involved. It was like, try to get in, try to get out. Don't tell my mom until I get
home like 3 days. I actually did an interview. Interesting. NPR interviewed me about it. I have AI can send you the NPR interview. OK. Yeah, a bunch of the shots on this collection are from North Korea. OK, well, that's ironic. That's actually ironic that your photography collection is photography from North Korea. On blast. I mean honestly if anything where it makes perfect sense for what it's worth. So you guys, so let me get this right.
So you guys on Blaster are minting collections. People can get refunded for buying your collections or not. If they don't want to buy in buying these collections, they're farming blast gold. The farming gold. Right, Yeah. Pretty much everyone who's created a collection, with the exception of, I'd say, me, I'd like mine. I'm not actually making any money myself really, aside from a little bit of interest, but it's mostly just like farmers like it's Diaries.
I'm not making money on this. Shit has to stop both you and OV, OK? They're not OV's. OV's not playing anything. He's just making, he's making the yield on the ETH right? Is that what it is? I've made basically zero money on this because. Well, now you're banned too, so that's. But even if it wasn't banned, I don't make any money from the volumes, right? There's no royalties, so there's. No royalties, there's no. Royalties. I don't get no money.
I get the yield. I get the, I get 4% on an annual rate, which is like basically nothing. Yeah. So it's not like. But it's 3.3 now. Blast blast lowered their yield to 3.0. It's 3 point. Three now, yeah. But I just thought it was an interesting experiment, which is why I did it and and it was great because I, everyone who collected it and people who traded it could hopefully go out there and earn some gold. So when you turn that off as well, it's like, well, what's
even the point in doing it? I get it. OK, I get it. And so in the world of blast, right? Like, let's stay on that. Cause the blaster stuff actually really fun. The website's great. There was a big blur announcement that they got 2 million gold, which is a huge deal. Of course, like rest in peace every single marketplace at this stage. Like, I I mean, how are the other marketplace even like, what the only magic Eden's doing volume, right? Because of Bitcoin 9059? Like, is that about it?
Like I I don't see how anything else would make volume after this. They they not only like are killing other volume, but they've made it So if you actually list or bid on any of those other volume on any of those other exchanges, you lose all your blur points.
So, so all these exchange because they have a loyalty score, so all these exchanges that they've given gold to mentify, I mean now we don't know, but they have a loyalty score which if they're carrying over their loyalty score from E means that you lose all, you lose your your multiplier the minute you list or bid on another exchange. Oh my God. They're so mercenary. It's wild. Oh, that is mercenaries, I guess. But that's, I mean that's just, I guess this is the market, right?
But that is wow. That is some aggressive building, right? It's it is aggressive. I don't mean that in a negative way for what it's worth like for people to say like I I actually don't mean that in a negative way. I'm just like this is some aggressive like these people are fully taking over the entire market in that sense, right? It's a little mercenary because they are. They need to be an ecosystem that encourages other people to build.
So encourage other people to build platforms on your exchange and then kind of use your monopoly power and your dictator power to after they've already hired their teams and built. I mean, not everyone knew Blur was coming. Like Blur is no mystery to people. But I wouldn't say this is what you got to do. I'd say this is what you do if you're just like extremely
mercenary. And I I do think the level that they gave themselves does distract from pretty much everyone else who's invested in their platform now. Everything's gonna be fine. Like it is what it is. This is there are no surprises. But it is very mercenary. Yeah. That's that's OK. And so I have a question for both of you guys for the I gotta. Go then. Oh, you gotta go. OK. I'll ask a movie. It's fine. Thanks. Thanks, Zab. Appreciate you. This no, I'll ask a question.
Can you get a refund if you buy in second? Or yes, you can just 10. Dollars. Oh, OK. Only if it's not been upgraded though if someone's check if. It's up here or? Not yeah, but the upgrades, if you upgrade, there's a seven day window where you cannot sell or transfer and so they because they saw this coming. Ideally, Pac-Man will have updated collection bits by then. But yeah, yeah, that's just All right. See you guys. Thanks for having me guys. Appreciate you.
Perfect. Thank you for coming. So OV for the average person that is just like listening to this because at this stage you guys for sure have people's attention that people want to get involved. What would be the easiest way to get involved in this? Farming or meta or just get Should they go and get lost on district one for example or like play fantasy like is there? You can you can earn potentially earn gold using District 1 without putting in any capital. Like you can just fight.
You know, I I guess like maybe if you maybe to boost your chances you may have to buy like a share of the chat room that you that you're in. But it's like very low capital requirements to just be involved in something. And like, I think District One is a good place to start because everyone in these chats are talking about the different ways
they're farming blasts. And I think the benefit you'd get from like learning all that stuff would definitely outweigh the small cost of buying a share in it. And you don't even need to buy a share to participate in these chats. You can just go on to it and like, read the chats as well. So I think that's a really good place to start. There's tons of daps, like if you go on to Blast's website that told you which which daps are getting gold, etcetera, and what the breakdowns are.
And there's loads of different things. What's the effect? To earn it. I'll tell you mine if you want. Let me use your invite code. Did you get something out of that? Yeah, I'll link up X9R. Amanda, you're not joining. I I see that I I4 or 114 I don't know. Oh, there you go. Link by OSF redeeming vicode. There you go. All right. Coming to the The Pack Pack Rex space on District 1. And what I need to do? Need to buy? Need to buy a pack rect. No, you don't.
We we only I only gated for Pat Rex at the beginning when the because when you have this initial share period obviously like if it's going to be a popular room, the share prices go up quite a lot. So you have this like 30 minute like Fair Trading window. So I just gated it for that. So it wasn't like it couldn't get botted, basically. What's? Up. Oh, I need to put Ethan. Blast. I actually have nothing in this wallet.
Yeah, you don't. I don't think you need to have it to do it to do it, but I'm not 100% sure, OK? Yeah, saying join link UPS. OK, so I'm going to look into that. So there's many ways. There's District 1, there's fantasy top and of course like you guys were talking about being involved last week and I think it doesn't authentify for some reason, but I know that launched today. So there's multiple things going on. There's a question from Sarah saying are the funds locked up forever?
They're not right? Like this is the whole lock up of the funds is finished right on the On Blast eco. What I didn't understand the is that in reference to. Forever. Is that in reference to the redeemable NFTS, or in reference to just money on blast? I wasn't. Sure. Yeah. Sorry, maybe just ask like clarify and we'll we'll get your answer. But it's it's probably with regards to the NFT stuff you were talking about, because. Yeah, assuming it's NFTS.
I'm guessing that's what she's asking about. No, they're not locked in the contract forever. So basically our money on blast? No, I mean, you can. We can withdraw from BLAST just like you can withdraw from any L2. There you go. There we had that whole thing that was back then. That was back then anyways, all right, so well, this has become a blast show. We could call it Blast Hour, you know, Seems like that's what most people are talking about.
Just a reminder, we are live on video and on audio. Retweet the Twitter spaces and the broadcast at the at the top to win 100 bucks. I put that up there in the Twitter spaces and you can find it there and share it. Anyways, in other news in the industry in general, I mean it's even before the alts, memes and dreams. You guys probably saw this at this stage, but champ hangs out CZ we were talking about yesterday. Four months sentence. Well, I mean, the script is just
scripting, huh? Like, we we we really live in a simulation guys. I I don't know how else to call this at this stage. What are your thoughts on on CZA having to serve four months here? They said he's got four months because he was a good guy. The prosecutors wanted three years, so he has a good reputation, so he got four. I think that's pretty lenient,
to be honest. Like, I think most people thought he could probably get longer than four, maybe not over a year, but probably more than that. I don't know. There's another article that said he's going to be like after he comes out, he's basically going to be even more wealthy than when he left Suzy to be. He's probably worth a few 10s of billions for sure. Going to jail for four months? Not the worst, is it? It's probably not that bad of a jail.
Or is he being sent in one of those, like, really bad correction jails, like federal? I mean, he's going to jail in Seattle. Like, I mean, you don't ever know. You'd be surprised. You'd be surprised all these cities. Like Organic Jail over there. Seattle Prison Let's let's look at Seattle, Seattle. Seattle like they're like defunding the police over there. I'm sure. I'm sure he'll he'll do well. So he's going where? Inside the Seattle courtroom or finance founder received a by
the way Cece's suit yesterday. We should talk about it. It was nice. Like dude pulled up the court looking crisp. Whoever his tailor is. I I saw that thing and I was like, damn it it was pretty Chad which photo was it? Like he came out with his little like pouch on on on his right or right or left arm.
There you go. And that that's how that's a that's a properly tailored suit you know so he was ready for war when he walked in and it seems like he's he's he's getting four months and $4.32 billion penalty, right, plus a $50 million criminal fine plus $50,000,000 to the US Commodity Futures Trading Commission. So it's a lot like he's giving he's he's giving 4.32 + 4.42 million billion dollars in in fines and and three months in jail.
And it's funny you mentioned that 'cause I read that just before the show, the good guy Ness thing where like because he's a good guy he gets his sentence like pretty like reduced quite quite a significant amount. I mean see that that helps you being a good guy or girl for the matter. So. So there's that. So that's what it is. I don't know what the appeals and stuff look like, but it seems like you wouldn't want to appeal something like that,
right? Like at first they were gunning for 18 months for him and then three years and then went down to four months. So that was the final thing, you know, obviously we heard from CZ himself on X yesterday thanking people for support. Hashtag free CZ for sure, for sure, he said. I would like to thank everyone for your care and support be it writing letters, showing support on X or in any form. They all meant a lot to me and
keep me strong. I will do my time conclude this phase and focus on next chapter of my life which is education. I will remain A passive investor in holder in crypto. Our industry has entered a new phase. Compliance is super important. A silver lining of this whole process is that Binance has under the IT has been under the Microsoft and funds are SAFU. There you go.
Binance funds are SAFU and obviously everybody like in the like, every single person came out supporting CZ 4/4 anyways, so it's free CZ. He'll get out of there and and and and everything will go back to him. Well, you know what's perfect? He's actually probably going to get out of jail just in time for the bull market to be back. So you know, four months, this is like the best four months to be away. No, like. Yeah, selling May. Selling May, May, June, July.
Oh dude, motherfucker's coming back September 1st. That's that could be this. There's, like worse, right? I feel like there's worse. Let's let's let's make a call. What's crypto going to be at when Cece's back? Look at that comment I saw. Someone said he'll he'll be out before the I can lay a AirDrop. I. Actually saw the same comment because it was viral, but what? Are you going to fucking do, man?
Like it does feel as though we're going to be, we're going to be doing this show during doing a bit of a a mini bear, doesn't it? I mean, you know what, I was writing this in the chat this morning and I actually, I said this weeks ago, I was like, if there's a downturn, it's not that bad just so that we can just focus on building what we're going to build this summer. And maybe I can also like slow down a bit selfishly. I I I'm not again slowing down. It's been a very fast space Q1.
What about you guys? I mean, Ovi's going to have a baby. It's perfect timing for him. I think yeah, I'm I'm, I'm happy with what I would be happy with personally is for things not to keep going lower, but maybe we just find that level where we settle at and we just stay flat for the whole summer. I really wouldn't mind that because I wouldn't mind just like playing a bit of golf and you know like watching the cricket again.
Just not having to like get up and like you know, like like do you know, do all the like the training and stuff alongside like the other stuff I've. Got Where's you already doing this the last 12 months? But like, no, but not in the same way. Like, you know, as soon as since the beginning of this year, it's just been like because I've been doing all the like the rec stuff, which is, which is taking
up a lot of time. Then while I do that, I'm trying to do all the trading stuff, but when the market's quiet, you don't do any trading, you just sit there. So yeah, I wouldn't really mind like a quiet market, especially when when I have the baby as well. Like, yeah, I don't mind if we if we drop to 50K and we just stay at 50K for, you know, for three months, I'm fine. With that. Yeah, I'm, yeah, I'm. Spot salt coin. I think that's a meme.
What do you think of meme coins? Like wait, let's talk. About. That let's talk about Alviro, because you mentioned meme coins. If I look right now, I saw people dunking on Whiff earlier. Whiff is outperforming Solana right now, which is ironic. What do you think? What do you think of whiff at $2.4 billion? Like it's either going to, it's either going to go fucking mental in the market balances or there's a massive like sale here. Like I don't. I don't know which one.
I mean so long as at what 122 I, I mean bitcoin's about to go under 57 just so you guys know like we're we're we're trading so much slower right now so long as at 1:21 and meme coins have been holding much better than altcoins, like what do we what do we think that senses the market genuine question that because I was talking about this behind the scenes yesterday I was thinking about it. I was like, right now my meme coins are destroying everybody's altcoins, and that doesn't mean
it's going to keep going. What do we make of that? I think I I wouldn't own altcoins. I think everything in altcoins is being hammered and even on that bounce, I don't think they'll bounce as hard as you think they will. With meme coins. I think some of them could bounce really, really, really
hard. I said this to OV when I think when when Whiff bounced back to like 3 1/2 was it or maybe even 4. And I said after that video came out I was like it's going to be difficult for it to get back to all time high because like you know that's always going to be over it's head. I think with getting back to all time high is a stretch in the near term. Do you think with go back to 4 billion? Yeah, very easily. But like to go back to like,
right, We're going to hit ten. I think the market needs to feel a lot better. But to see it bounce on even like Solana going up 10% in a day and it goes all the way back up to 3, 1/2, four, like you can see that happen. I can't see that with a lot of altcoins, right? Like, and it was interesting that most people, it was really Bitcoin that people got scared about yesterday because like, bitcoins outperformed everything for so long and suddenly it lost
support. And it was like, am I really going to sell this Solana meme coin, which is down 80% or 70% and probably get 3X on a soul bounce, or do I just reduce something like Bitcoin? So I think I think everything's sold off. Personally, I kind of get like in my the stuff that I feel most comfortable with. And I think I saw Wizard of Soho wrote a tweet about this as well. The stuff I feel most comfortable with is my meme coin bags. I mean, aside from my I'm only spot soul and then some meme
coins maybe. And that's like 3 coins like I'm that's I've and Bitcoin puppets. I love my puppets and have a lot of ruins. I realized I found another million Rsic tokens yesterday in the wallet. I was really happy. I add it up so I'm pretty happy there. It's not that much by the way million tokens like I think the total bag is like 2-7 to 8. It's like maybe 50K Max. So it's not a huge bag, but it was pretty cool free air drop. What do you think over here?
Like we've talked about this a little bit, like my WIF versus my soul is up. I was looking at that today, this morning, because I was just assessing my positions and what I should be doing. Because at some point I was thinking, do I even swap some with for Soul, which is a way for me to buy Soul lower? That's how I see it. It's a real, it's a real tough one, you know, like I've been thinking about it a lot because I also still own WIF. It's it's just going to be one or two ways.
Like it depends how much lower we go from here if we do. I think if we stabilize here, I actually think meme coins will bounce. But if we have a larger sell off, we go down to 50K and all coins really get wrecked. It's hard for me to think people look at meme coins and just think oh like I'm not going to short that or I'm not going to
sell that, you know what I mean? But it's a weird one because you know especially some of these new meme coins, it's just like you have a very stubborn retail holder base. You don't have VC unlocks and stuff like that. So you know there's not there are arguments to say they could outperform but it's just a tough one.
You know because I think as soon I do think you know if the market were to bounce in the near term and it and it absolutely could like we've had a big big backup across altcoins and Bitcoin and things bounce when you least expect them things term when you least expect them. So if the market did bounce it's just so evident to me that mean coins would would come back like raging very hard. So yeah, I don't I don't really know.
I just feel like, you know, a safer, A safer and more defensive trade would be like, OK, let's rotate whiff into Seoul because or Pepe into ETH because the mean coins have actually outperformed the majors on this down move. And if things go back up again, you'll still make some money, but you're not going to lose as much if things drop another 20%,
right? Like, you know, like maybe Seoul goes back down to 100 or 80, maybe ETH goes back down to like 2500 and you're kind of taking that 20 to 30% hits there, which is like fine, we can stomach that. But there's some meme coins. You you're worried that if that happens to, you know Seoul's is suddenly at 80 like where's Whiff? Does Whiff still trade at 2 billion dollars, $1.5 billion or is it it doesn't really get wrecked. I don't, I don't know is the
answer to that. I'm not saying it's one of the other so so I just yeah I just don't really know because the dynamic dynamic and meme coins have been has been so much more powerful this year. But I can just see lots of, you know, non meme coin enjoyers looking at meme coins right now and thinking fuck, I'm in a short way if I'm in a short Pepe
and a short bonk. Because all this stuff is like multi billion dollar market caps and at the end of the day if it drops, who's going to step in to buy it or bid it? Like just feels like no one is selling it right now naturally. Right. We had Pepe went to 1 billion, two billion, nearly right in the bear market, right?
Yeah, but that, you know that was different because there was like a brand new coin in it and a spike top like I think, yeah, I don't honestly, I don't know, I'm curious to see what happens. It is. It's tempting to like sell with the Pepe sell with the soul right now because it's like you know you take a 20 or 30% hit and then still playing for maybe like a 5X from here and Seoul like in you know in a good bull market like that risk reward profile it's pretty nice.
Whereas the risk reward profile on WIF is like you could still lose 50 to 80% from here, like 50 to 75% from here. It's big but then your upside could also still be like fucking 10X or whatever. But it just feels like with the way things are moved I feel like risk reward in majors is now better than risk reward in meme coins but I think I don't think
you can mid curve it like that. I think meme coins are going to be their own thing, and if I was really bearish on the market here, I would definitely sell all my coins. But I just feel like we've had a big backup and it doesn't feel like to me a point I really want to sell. I think there's a lot of FUD priced into the market now. Everyone talks about selling May and go away and all that kind of stuff as well, you know, but like. Fucking April, bro. Yes, that's that's what I'm
saying. It's, you know there's there's more merit to this left translated argument and we had that rally earlier because of the ETFs and then we've had that sell off post halving. Yeah. And so like, you know, it was, yeah, you're right. Like it was sell an April and go away and maybe it's not. We're gonna be selling lore right now too. God. Yeah, the like. The sellers are endless that. Where did all these sellers come from, lads? Where? Jesus, look at this. We're about to go full Bart
Simpson here. We're going to fulfill it just a little bit more. Are we going to get this like, flashback to 52 K today, lads? Is that what's going on? I see Mandy looking at Charge right now. Is today the day where we're? Well, we've got. I'd like to. Normally you would see a big when a big macro event comes on and you've seen a bit of a trend. Often that macro event causes the reverse of that trend. So I think we could probably see
a bounce during the FOMC. The biggest FOMC of the year is today, right? No, they're definitely not going to do anything this year. Isn't it FOMC today? It is, yeah. Yeah.
You know what though? Like you know how we used to like and we used to be like you guys, it was our show talk about FOMC like two years ago all this macro and stuff like yesterday I I sometimes at night I go anonymous mode on X and I'm like let me go listen to some Twitter spaces and and I heard like these guys like they were like super high and shit and they
were like yeah bro. So tomorrow's FOMC and I was like, oh fuck, like yeah, we're really going to like $32,000 Bitcoin. I I don't know. It was like, it was like listen to Mando and OSF from wish.com and I was dying laughing, bro. And I I done nothing against them. I I actually fucked with them.
It was just hilarious to hear like 2 high dudes like the high version or high American version of you guys like 10:00 PM Eastern. Talk about FOMC today I was like, oh shit, Powell's really about to send us down to Valhalla, but that's an interesting conversation. I'm curious to revisit that later this week about like, well, you don't sell your meme coins, but is this where you could go back to the the major they're representing right
representative of? Like when I look at like, WIF versus soul and and Pepe or MOG whatever versus ETH. Obviously not epic. You keep your epic always. But you know, for the other ones, I'm talking about. And the other thing, by the way, I was going through the charts and everything on the timeline right now. Free nub. I forgot to say that. Like, that was like one of my favorite reply.
Guys, that's some bullshit. I can go and see any type of video I want on X. Like some very horrific stuff. And you're telling me nubcat got deleted? I don't even have a bag and I want to riot over that. That is crazy. You said that. Oh shit. Mando's bugged. I think Mando froze completely. But Mando you hear me? Because I know you like the nub cats, no? Well, OVI don't know if you saw that, but it was deleted. It sucks. I just see why.
Is there any reason as to why? Like what happened there? I don't know, I don't know. They just got removed. So maybe it was in the wave of like people getting attacked or something and so some like like, I don't know, K Money stuff or Leap and a bunch of other creators like kind of like get some stuff DMCA like their own self. Yes that was some weird stuff happening there, but I don't know, I don't know what it is, but it was definitely weird. Anyways, look, I just saw the time.
I think, I think I think we've gone around the block pretty well with regards to markets. Good starts on blast. So if anyone's curious, earlier during the show we talked a lot about Blast and the Eco Cell with 9 O 59 OV like where to start? Even if you don't have any money, clearly OV was talking about, there's some places you can start at. So whether it's District One, this fantasy top thing going on right now and some other like dabs, you can sell the blast dabs on the.
I just I just bought another fancy top pack and I got two matchy Big Brothers and Zagger ponds. So wait, but see, I'm trying to do my fantasy thing, but I have to deposit some money there too. It's like .1 or something. So I really just got a bridge to blast. I got a bridge to blast. Should I just like this is brilliant? Should I just ape like 6 figures into blast wasabi or something over here and just like do nothing for summer? I'm. Late. You're not late.
You're not early. You're not early. Yeah. I I know exactly what you mean. I think if you to get into BLAST now, I think you'd have to bring in a lot of capital and just dominate some of the Dapps or I think you have to be willing to like grind it out like every hour of the day. But otherwise I think it's tough now because people have been earning points for, you know, six months, so. OK. Oh yeah, I know. I mean I I would be your exit liquidity here which is is fine come.
To blast come. To blast anyways. All right, boys. Well, look, it's so funny how much more flat the energy is when these markets are like that. Yeah, we're just like, I think it's also a summer thing. Like, I'm like, I'm like, Bernie Bernie's texting me already. You need a blast code, motherfucker. I've been. I was on black. I was like early, early, early on. I just didn't believe in it that early, so I didn't do it. But I have an account.
I have a bunch of packs, I think, and things on there. I need to go check how much I have. I think I have cards like this. Is this is addictive because it's like? 35,000,000 points is. That by a pack of football stickers. Can I do anything with it? Be like I literally have like 35 million blast points. Is that a lot? No. I have $20 in there. I have $20 dude. I have bridged 20 USDC. Day one, OK. I'm an early adopter. Day one, Day 0, OK. Oh, got G money.
OK, what is OK tomorrow do you want? Me. Do you want me to Do you want me to open a pack on? Yeah. Let's go open a pack and then we'll close the show on that. OK, let me buy another one. Hang on, Let me show you how this looks like. I want to because I got a bridge. Fuck, I'm going to bridge money right now. I got a I got a bridge right now because I want to. I want to, I want to participate in all this. Let's see. OK, Hold on, hold on. Let me let you on stage.
There you go all. Right. You see my screen? Yeah, I'm seeing your screen. So this is my people I've got here. I've just been breaking packs. OK, so you go bye pack. So what's the goal of this? I think it's like you assemble a team and then you you get points based on like the Twitter engagement basically and that's it. And then like you've earned gold. I guess that this app the app got like the second highest gold based on don't. Know who that is. We don't know him. Sex offender.
That's a good one. It's all right, Richard 10. Oh yeah, I've got 2 Zagabonds. I got that comment. Jesus Christ. Wardaddy's capital, Wardaddy's a legend. We like Wardaddy. We like him. We like Ward. Yeah. OK. So I think what you do is you just go and do you have me yet? You don't have a feral card, Yo, my cards are rare, dude. I'm telling you. Feral card rare. Do the other one. Do the other one. Fuck it. Should I do the other one? Yeah, yeah. Let's go, let's this is
tomorrow. I'll rip all my packs on the show. I won't rip them down on purpose and I'll just rip them on the show. OK, let's do another one. Let's say I get 3 packs. Oh, someone see Pharaoh card is the best card. Dude, y'all want the Pharaoh cards. They're not that that common. We're not that common. Let's go. It's a pretty cool animation, this thing. All right. Open. Come on. Come on, man. What the fuck? What's going on? This edging is just. Dude back bro. This is not.
Oh, Nate, Alex, let's. Go, Nate, Alex, Nate, Alex. Guru, Guru. Got a lot of stars. I don't know who that is though. Oh, I. Think I know who that is. Eric Wall. OK. Eric Wall, OK. Jaws. Jaws out alone the founder pumped off fun guru is this guy. The Guru guy party had you've seen this tweets around. You've seen the guy was bred as PFP. Fuck it yo. OK, some. People, this is this is way too addictive. I need to stop. I need to log off because I'm just going to sit here and
fucking open all these packs. Oh, I thought they were free. No, dude, One more G5. E1 more One more. One more. One more. Not free, probably just losing my money here. Hold on. We're about to get through. There's 3000 people watching you on pack cars right now. Hold on, hold on. Hold on. Oh my God. Let's go. OK, I've got. 3 Sagabonds. Nothing gets you, but that's that's common as I wreck again everyone I've got. Ton of Eric Wall as well. Ben. Roy, OK. OK. Makes it. Makes it.
It's no no for rock. One more, one more one. More one. More one. More one. More one more. One more. One more. Let's go. Let's go. How much money have I just wasted by? Come on, it looks like it's 0.0000018. You'll be fine. You, you. You have been the day one blast bridge or you're fine. All right, let's go. Let's get it for up. Here we go. Crypto Lynn. Come on, man. See, I'm that rare. I'm rare. Wang. I'm Wang. Another match of your brother.
Coming to do match it, what's up with match? Oh, I got pancakes. Did you? You're getting some shitty cards. Watch, watch. If I do it. Watch me get some, like fucking like crazy cards. Let me see if my money went. So here's the marketplace. It shows you like who? So how much is my shit? Am I rare? Am I expensive? This is. This is the best guy here. Gout is doing nothing. I don't know who that is. Yeah, you it's the yeah, Bitcoin guy. I think, OK, I have, I have money on blast.
I have money on blast. So I have to deposit, only deposit this wallet. OK, I have to deposit something so let me deposit. Or maybe I should keep it for tomorrow. I feel like if I open one now, get it, I'm. Cheap. What's 00? .05. Oh, your rare is half an ETH though. What? What's your other cards worth? What's my cards worth? Let's see 0.015 if you're coming, 0.3 if you're rare. Down down, bad. I need to work my points Up. I need to I need to work my my
my value up 10 ETH for onsim. Where's that? On the right. Oh no, you missed it, Jesus. That's a comment though, isn't it? 10 Heath for a comment. Jesus Christ, I feel. That's a good buy. No, I have. Two free packs? No, it's not Ten Heath, just I think I don't even understand what we're doing. Isn't he going to like, surely he's going to like, should I just buy this? 10 Heath. Surely he's going to have, like, the best numbers, right?
I know, but this is a common card, and it's probably about to be more A lot of people didn't open their cards. Now think about that. If I get an answer right now, I'm obviously listing it for like half didn't. Work. Yeah, it's a blessing buying it. I did try and buy it, but it didn't work. So then I then I then I chickened out. I got three cards. I got two. I got two free packs here. OK there, let's have a. Look. You ready? Let's go. Let's go, Let's go.
Wreath. Approval. Approve. Wreath. Come on, Come on. Oh my God. It's so funny that we're doing this on the show. That is hilarious. That is hilarious. Claim rewards. OK, let's go 05511. Just opened a pack and got you, me and Bitcoin Palmer. No way. Let's go. Let's go, let's go. OK, well, how does this work? I click on Open pack. Oh, the music. Definitely hear of this music. Oh, I don't know where that is. Oh, Gee, buddy, let's go. OK. OK. Come on, man.
OK. OK, I don't know any of these people. Let's. Go. Let's go that's. Too far I don't. Look. For rope. Look at that. Look at that. Boom. OK, next. Go wag. OK, I don't know what that is. Let's go. OK, those are the cards I got. Oh, me. I got me. Look at that. Hell yeah. Wait. I get 2 packs though. I get 2 packs, right? OK, I'm pretty. I have to say, I'm quite underwhelmed so far. OK. Oh, OK. So each card. I don't even know how the any of this work. Save that. Wait, no.
I don't want this deck. I want me. Wait, what? Oh no. You won't lose it, it just it just means. I didn't pick myself. I think I didn't pick myself because you have to pick, right? No, you once. No, no, no, you you have that, that's like your squad, OK? And then you can like pick your deck in a different part of the website, OK, this, this feels very like early friend tech to me, like it's pretty, it's a bit buggy. I think so. OK. OK. We'll see live on there.
That's so funny. It's live on there. I do it for fun. I don't even know what I'm doing. I get my card anyways. All right. We should probably go. I didn't realize it's 1130 anyways. Oh, man, it's been shit, man. It's been gone, man. It's been gone the entire time. That is so funny. Yeah, that is so fucking funny. Anyways. Well, everybody, that's the show. We'll see. Y'all tomorrow morning, 10:30 AM Eastern Saturday time for the episode of Four More on Rogue Radio. Let's go.